“It's an ambition that we say yes to,” CEO Ola Källenius said during an interview at a Financial Times conference on the future of the car. But he added, “we have to have an honest conversation about jobs”.
The EU last month raised its target for cuts in net greenhouse gas emissions to 55% by 2030 from 1990 levels, instead of 40%, and Europe's automakers will find out in July what their contribution on CO2 emissions is expected to be. Germany's car industry faces an “employment fiasco” unless it gets badly needed investment in new technologies, especially batteries, the country's top labour leader said last week.
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